BorgWarner extends transfer case business with North American OEM
BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, is furthering its business with a major North American OEM by securing extensions on two transfer case contracts for upcoming vehicle launches with new platform requirements. BorgWarner will supply two types of transfer cases, including its active Electro-Mechanical On-Demand 2-Speed (EMOD) and a part-time Electric Shift-on-the-Fly 2-Speed (ESOF) transfer case. Two of the OEM’s combustion and hybrid passenger truck platforms will be equipped with the EMOD and ESOF, while an additional passenger t..
CII partners with Hunch Mobility for Urban Air Mobility Expo 2025
The Confederation of Indian Industry (CII) has announced its partnership with Hunch Mobility to host the upcoming Urban Air Mobility Expo 2025. This significant event aims to showcase advancements in urban air mobility, a rapidly evolving sector that promises to revolutionize urban transportation. Scheduled for 2025, the expo will serve as a platform for industry leaders, innovators, and policymakers to converge and discuss the future of air transport within urban environments. Key topics will include technological innovations, regulatory frameworks, and infrastructure development necessary f..
Ambuja plans expansion through acquisitions
Ambuja Cements, a subsidiary of the Adani Group, is strategically positioning itself for substantial growth with plans to expand its production capacity to 140 million tonnes per annum (MTPA). This ambitious target will be pursued primarily through a series of acquisitions, reflecting the company’s intent to strengthen its foothold in the Indian cement market. The company aims to tap into the growing demand for cement driven by ongoing infrastructure projects and urbanization across India. Ambuja Cements has identified several potential acquisition targets that align with its long-term growt..